11 Places With a Worse Economy Than Ours

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The govt. doesn't have a clue how to create jobs and fix the problems they create.They just make it worse by spending more and more money with no results.But the real problem really isn't the gov't its GREED.Greedy banks ,the greedy stock market and greedy corporations and greedy a government and of course greedy people.Thats the real evil which has grip on our counrty and has stripped so much wealth and jobs from america since the 70s. The corporations and banks pretty much own the gov't so any hope of it changing is lost .The government only passes laws and loopholes to help the greedy be more greedy.It needs to change and change fast and the best part its FREE no cost to us

Heres some easy steps to get are country back .

1)The stock market regs need to change they have cost more usa jobs and wealth and have spured corporations to lay off workers and send jobs over seas for quick profits

A)no corporate buyouts with borrowed money .This will eliminate companys being stripped and sold by corporate raiders for quick profits and stop the loss of more usa jobs.

B) stocks should be valued by earnings and employment #s only The more they make and the more usa jobs they create the higher the stock should be valued.This will give corporations a insentive for creating usa jobs .right now the stock market is nothing more than a casino where a few win and the rest pay for it in money and jobs.

c)stock traders and fund managers should only be paid % of what investors make not what they invest ,Right now all the care about is making themselves money with no reguard for our investment dollars. they have nothing to lose they take there cut right off the top .Legalised stealing

2 Corporations that send jobs overseas need to be fined hard but at the same time give them bonuses for bringing the jobs back with lower taxes it will appeal to there greed side.ceo should not allowed to have bonuses if profits involved lay offs and loss of usa jobs.the more jobs they create the more they make.But there wages should not exceed what the president makes unless they started the company from the start

3 Simple flat tax END THERE IRS FOREVER that would save billions $$ and millons of jobs plus a bunch of stress on us

3) impose fees on imports on products we make here to even out the playing field and save what jobs we have left .Use the money to help businesses to pay for imposed gov't regs which kills them

4)legalize all gambling ,drugs and prostition just like in vegas and tax it .there goes the defict and people have fun in the process.

Lets face it if there no jobs, theres no buying, no taxes,no investments no money to run gov't or pay police, fireman, or any tax funded job and there a bunch of them its a snowball effect thats been speeding down hill for 30 years and it its almost the bottom.we can't keep borrowing from foreign countries ,they own us and if they stop buying gov't debt its over faster than a blink of a eye.

mark of PA 5:08PM January 07, 2010

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lendellman of 6:04PM December 13, 2009

I am absolutely agree. Global domnination it is a moron idea. Why we should spend our tax to builds military bases on Germany, Italy, & Japan.

Jamie of MA 6:33PM September 09, 2009

In my opinion we get out of these if Banks and Feds are not friends togather.

The Banking system is very corrupt and Fed hires oild frindes and they are the real crooks.

Our leaders in Govt. are greedy and corrupt and they make laws for American to see that all that they are doing good for Ameicans but there is diffrent agenda and law to benefit them sleves.

All these people need to be out Washington and new age from new blood shall begain.

Our leaders are putting our great nation at greater rick then we all think.

Vj of TX 10:06PM July 28, 2009

We need to start making products that other contries need and can afford. I feel we spend entirely too much money on Defense. In 1961 President Eisenhowser tried to warn us of the hidden dangers of the Military Industrieal Complex. He roughly stated that if we don't control it it could bring us down as a nation. WW2 has been over for 60 years. Do we really need to keep so many military bases in Germany, Italy, & Japan? I am a veteran and have personally witnessed the waste the military produces and personally it makes me very angry. Some people in many places of the world do not buy American products due to thier unhappiness of U.S. policies. Others buy Toyota or Hyandia due to price. If we closed down just 50% of our bases in Japan and Korea our government could lower taxes. If they lowered taxes the workers in ther UAW could work for less money and then the cost of american cars might be on par with the Koreans or Japanese. You can blame the current crises on the banks and greedy corporations, but I feel no one has addressed the real problem. I feel the real problem is that America cannot compete with other countries. People who do not have jobs cannot pay their debts to banks. Many don't have jobs because they have been sent to other countries such as Korea or Mexico( where people work for much less). We need to re-asses our priorities. If we want to be more competitive in the global economy we need to stop wasting money on wars and military global domination. If we were to close half of our overseas bases and put the troops on U.S. soil the money would stay in U.S. communities. I feel that we should let the Koreans pay for thier own defence. Lets see if they can import a fully loaded luxury car for half the price if they had to pay for their own defence. In essence we are subsidizing our own competitors, how stupid is that? Are we such fools. Whith the money saved from overseas base closures we could then liquidate our foriegn debts. Again with less costs we could lower taxes and wages. Then America can start pruducing goods for export, at prices poeple in Asia or Africa could afford.

I aslo believe the time is right for world communities to discuss the concept of a universal wage and work standards. For example by avereging severeral world currencies we could estimate a fair labor wage. Sadly in many countries such as China and Mexico the workers can't stand up to currupt governments and demand fair saleries. In order order to fix the world economy we need to spur consumption. Does anyone really think its fair for a worker in Chine to work long hours for pennies? I am sure if multinational companies were forced into paying workers fair wages, they would not be sending all our jobs to China and Mexico. One of the major causes of the great depression was under consumption. If a worker in a Mexican Mequiladora factory is paid $4,000 U.S. annually do you think he or she can buy an American made computor or Car ? Whare's the Justice?

William J. Mueller 5:45PM July 28, 2009

Looks like we may never find out, or at least not for a long time, if Karl Marx was right about capitalism or not. Since the US has moved into socialism it appears that Karl is winning the arguement and the world will need to wait to see if a capitalistic country can actually make it for more than 200 years without eating itself.

richard of RI 10:18AM July 26, 2009

Really? Is this by the numbers only, or in reality? It seems as though the real opportunities are for those willing to live and work in some of the countries on this list.

Doubting the numbers of LA 11:23AM July 25, 2009

To day I telling That President`s Plann for health is good.We have to accept it I Wants to tell Mr President and all american`s NO.ONE It is a War that we never stop it. It is verry bad thing for us.NO TWO Fed`s Govt`s bad pollices Because they keep on changing Intrest rates up and down from last 30 years.They put every american in truble Knowingly.Some time intrest rate was 28 percent and some time it is zero percent.That is why no american make their own home from grand father to grand children.As long as all americans not have their own free home this country will keep on suffring.WE have to solve this problem fist.I have a master degree in Economics and i am born in India Now i am USA.citizen

Pritam klair of TX 4:49PM July 23, 2009

Maybe you missed it, but China's economy right now is what's helping US multinationals survive, including GM and Intel (read the recent news why don't you?) and most others. China has the LARGEST car market in the world right now, the largest consumer base for most consumer products (PCs, phones, washing machines, etc), as well as having an internet user base that's larger than the population of the US.

If any country is pulling and helping the rest of the world, it's China.

GED of NJ 12:16PM July 20, 2009

if we make it here we buy it here and we tax it here. all money stays here , if we invest in outown country and give more to

all the different ideals that you dont think will work , you might see more jobs start popping up . but if you think giving to corperated american that they are going to put people back to work , think again . WANT HAPPEN. our problem started with the stock market ripping us off , and he banks doing there dirt. so they get bell out of course the ones that hurt the country the most. AND THEY ARE GOING TO HELP THE PEOPLE OF THIS COUNTRY . I DONT THINK SO THE PROVE IS IN THE PUDDING.

HISTORY REPEATS ITSELF . SO WHAT HAPPEN IN THE SO CALL GREAT

DEPRESSION? PEOPLE WERE NOT JUMPING OFF THERE ROOFS FOR NOTHING , THE BANKS HAD TOOK THEIR MONEY THEN AND NO LOANS WERE

ALOUD TO STAY IN BUSINESS ARE EVEN GET A LOAN FOR ANYTHING

SOMETHING LIKE WHATS HAPPENING NOW . SO IF YOU WANT AMERICAN

PEOPLE TO BELIVE IN WHAT YOU ARE SAYING THEN YOU NEED TO LET SMALL BUSINESS DO WHAT THEY ARE SURPOSE TO DO ( PUT PEOPLE TO WORK), HARD TO DO WITH OUT START MONEY AND CAPITAL.

FRANKIE R ROBERTS of MI 2:58AM July 19, 2009

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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